Sobhagya Mercantile (BOM:512014) Days Payable : 151.56 (As of Dec. 2024)

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What is Sobhagya Mercantile Days Payable?

Sobhagya Mercantile's average Accounts Payable for the three months ended in Dec. 2024 was ₹462 Mil. Sobhagya Mercantile's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹278 Mil. Hence, Sobhagya Mercantile's Days Payable for the three months ended in Dec. 2024 was 151.56.

The historical rank and industry rank for Sobhagya Mercantile's Days Payable or its related term are showing as below:

BOM:512014' s Days Payable Range Over the Past 10 Years
Min: 22.35 Med: 133.18 Max: 593.88
Current: 210.78

During the past 13 years, Sobhagya Mercantile's highest Days Payable was 593.88. The lowest was 22.35. And the median was 133.18.

BOM:512014's Days Payable is ranked better than
55.75% of 1026 companies
in the Metals & Mining industry
Industry Median: 130.755 vs BOM:512014: 210.78

Sobhagya Mercantile's Days Payable declined from Dec. 2023 (379.57) to Dec. 2024 (151.56). It may suggest that Sobhagya Mercantile accelerated paying its suppliers.

Sobhagya Mercantile Days Payable Historical Data

The historical data trend for Sobhagya Mercantile's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sobhagya Mercantile Days Payable Chart

Sobhagya Mercantile Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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593.88

117.98

128.80

176.59

173.72

Sobhagya Mercantile Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															379.57	166.75	225.62	300.18	151.56

Competitive Comparison of Sobhagya Mercantile's Days Payable

For the Other Industrial Metals & Mining subindustry, Sobhagya Mercantile's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sobhagya Mercantile's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sobhagya Mercantile's Days Payable distribution charts can be found below:

* The bar in red indicates where Sobhagya Mercantile's Days Payable falls into.

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Sobhagya Mercantile Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sobhagya Mercantile's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (383.929	+	204.097)	/	2 )	/	617.747	*	365
=	294.013					/	617.747	*	365
=	173.72

Sobhagya Mercantile's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (361.544	+	562.815)	/	2 )	/	278.262	*	365 / 4
=	462.1795					/	278.262	*	365 / 4
=	151.56

Sobhagya Mercantile Days Payable Related Terms

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Sobhagya Mercantile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sobhagya Mercantile Ltd (BOM:512014) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

526, Near Getwell Hospital, 1st Floor, Bhangdiya House, Dhantoli, Nagpur, MH, IND, 440012

Website

http://www.sobhagyaltd.com

Sobhagya Mercantile Ltd is engaged in Engineering Consultancy and Metal Sales. The company operates in two segments namely Engineering Segment and Metal Sale (Stone Crusher) Segment. It generates a majority of revenue from the Metal sale.

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